---
title: "The Provision of Valuation Services to The Development Bank of Wales Group"
ocid: "ocds-h6vhtk-0429ae"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0429ae"
markdown_url: "https://d3tenders.com/contract/ocds-h6vhtk-0429ae.md"
json_url: "https://d3tenders.com/contract/ocds-h6vhtk-0429ae.json"
source: "Find A Tender Service"
current_stage: "Award"
buyer: "DEVELOPMENT BANK OF WALES"
published: "2024-06-21"
---

# The Provision of Valuation Services to The Development Bank of Wales Group

Buyer: DEVELOPMENT BANK OF WALES  
Current stage: Award  
OCID: ocds-h6vhtk-0429ae

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## Summary

The Development Bank of Wales is procuring valuation services under the Open Procedure of the Public Contracts Regulations 2015. The tender, titled "The Provision of Valuation Services to The Development Bank of Wales Group," falls under the industry category of residential property services. The procurement stage is completed, and the contract has been awarded with a value of £133,333. The buying organisation, the Development Bank of Wales, located in Cardiff, carried out the procurement through an open procedure. The key date for the award was 4th April 2024.

This tender for valuation services by the Development Bank of Wales provides growth opportunities for suppliers in the residential property services sector. Businesses that are RICS accredited and can demonstrate an understanding of the requirement, delivery of services, and project team capabilities are well-suited to compete. The tender aimed at appointing suppliers across different geographical lots in Wales, with specific focus on services related to the Help to Buy Wales Scheme, the Help to Stay Wales, the Leaseholder Support Scheme, and the Self Build Wales Scheme.

## Notice

Following publication of Prior Information Notice FTS-20230801 on 1st August 2023, DBW is carrying out a procurement advertised in Find a Tender Service (FTS), via Sell2Wales, under the Open Procedure of the Public Contracts Regulations 2015 to procure a RICs accredited panel for valuation services. Full details of the services is set out at Section 3 of the Invitation to Tender.

### Lot Information

South East Wales

The purpose of this tender is to appoint a number of suitably qualified Suppliers to each of three (3) geographical Lots across Wales to provide services in relation to the Help to Buy Wales Scheme, the Help to Stay Wales, the Leaseholder Support Scheme and the Self Build Wales Scheme. DBW will appoint up to a maximum of four (4) suppliers to this lot which will be operated on a rota basis.

Renewal: The contract will be for an initial term of two (2) years with the option to extend for up to three extensions of twenty four (24) months each.

Mid and North Wales

The purpose of this tender is to appoint a number of suitably qualified Suppliers to each of three (3) geographical Lots across Wales to provide services in relation to the Help to Buy Wales Scheme, the Help to Stay Wales, the Leaseholder Support Scheme and the Self Build Wales Scheme. DBW will appoint up to a maximum of two (2) suppliers to this lot which will be operated on a rota basis.

Renewal: The contract will be for an initial term of two (2) years with the option to extend for a further three (3) extensions of twenty four (24) months each.

West Wales

The purpose of this tender is to appoint a number of suitably qualified Suppliers to each of three (3) geographical Lots across Wales to provide services in relation to the Help to Buy Wales Scheme, the Help to Stay Wales, the Leaseholder Support Scheme and the Self Build Wales Scheme. DBW will appoint up to a maximum of two (2) suppliers to this lot which will be operated on a rota basis.

Renewal: The contract will be for an initial term of two (2) years with the option to extend for up to three (3) extensions of twenty four (24) months each.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Find A Tender Service |
| Latest notice | https://www.find-tender.service.gov.uk/Notice/019174-2024 |
| Notice type | Tender Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure |
| Tender suitability | Not specified |
| Awardee scale | SME |
| All stages | Tender, Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 21 Jun 2024 |
| Submission deadline | 9 Feb 2024 |
| Future notice date | Not specified |
| Award date | 3 Apr 2005 |
| Contract period | Not specified |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £400,000 |
| Lots value | Not specified |
| Awards value | Not specified |
| Contracts value | £133,333 |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Cancelled |
| Awards status | Active |
| Contracts status | Active |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEVELOPMENT BANK OF WALES |
| Locality | CARDIFF |
| Post town | Cardiff |
| Postcode | CF10 4BZ |
| Country | Wales |
| ITL 1 | TLL Wales |
| ITL 2 | TLL5 South East Wales |
| ITL 3 | TLL52 Cardiff and Vale of Glamorgan |
| Local authority | Cardiff |
| Electoral ward | Butetown |
| Westminster constituency | Cardiff South and Penarth |
| Delivery location | TLL1 West Wales and The Valleys, TLL11 Isle of Anglesey, TLL12 Gwynedd, TLL13 Conwy and Denbighshire, TLL17 Bridgend and Neath Port Talbot, TLL22 Cardiff and Vale of Glamorgan, TLL24 Powys |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 4 |
| Supplier names | ASTLEYS; BRINSONS; MICHAEL GRAHAM YOUNG; REES RICHARDS & PARTNERS |

## CPV Codes

### Divisions

- 70 - Real estate services

### Codes

- 70331000 - Residential property services

## Release History

- 21 Jun 2024 at 12:25 - Award - Award Notice - https://www.find-tender.service.gov.uk/Notice/019174-2024
- 8 Feb 2024 at 15:06 - TenderUpdate - Tender Notice - https://www.find-tender.service.gov.uk/Notice/004266-2024
- 22 Dec 2023 at 16:14 - Tender - Tender Notice - https://www.find-tender.service.gov.uk/Notice/037884-2023

## Notice URLs

- https://etenderwales.bravosolution.co.uk
- https://etenderwales.bravosolution.co.uk/web/login.shtml
- https://www.developmentbank.wales
- https://www.sell2wales.gov.wales/search/Search_AuthProfile.aspx?ID=AA0555

## Provenance

This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-h6vhtk-0429ae. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-h6vhtk-0429ae.json.
